'CCUS vision': Government unveils plan to scale 'competitive' UK carbon capture industry

Cecilia Keating
clock • 5 min read
A view across the River Tees, a region that has been picked a priority for CCUS funding | Credit: iStock
Image:

A view across the River Tees, a region that has been picked a priority for CCUS funding | Credit: iStock

DESNZ confirms plan to hold allocation rounds for CCUS funding from 2027 onwards as it publishes business models for the sector

The government has unveiled further details of its vision for building a "competitive market" for carbon capture, utilisation and storage (CCUS) by 2035, in a bid to turn the UK into a global leader in...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on CCS

Encyclis and Viridor energy from waste CCS projects take key steps forward
CCS

Encyclis and Viridor energy from waste CCS projects take key steps forward

Both firms separately enter into negotiations with government with view to securing funding to install carbon capture technology at their respective waste to energy plants in Cheshire

Michael Holder
clock 05 April 2024 • 3 min read
'Major milestone': Liverpool Bay CO2 storage pipeline wins planning consent
CCS

'Major milestone': Liverpool Bay CO2 storage pipeline wins planning consent

Approval for new and repurposed gas pipelines to transport CO2 captured from industrial sites across North West England and Wales hailed as 'significant step' for HyNet CCS cluster

Michael Holder
clock 25 March 2024 • 3 min read
Will the UK's CCS plans prove a model or a cautionary tale?
CCS

Will the UK's CCS plans prove a model or a cautionary tale?

Regulations being drawn up for UK CCS power stations are being closely watched by governments around the world, writes Ember's Richard Black

Richard Black, Ember
clock 22 March 2024 • 6 min read